TPG Telecom Limited (TPGTF) Receives a Buy from Macquarie

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The company’s shares closed last Thursday at $4.00.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TPG Telecom Limited with a $4.73 average price target.

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Based on TPG Telecom Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0.

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TPG Telecom Ltd. engages in the provision of telecommunications services. It operates through the following segments: Consumer and Corporate. The Consumer segment offers retail telecommunications services to residential and small business customers. The Corporate segments provide telecommunications services to corporate, government, and wholesale customers. Its products include nationwide Asymmetric Digital Subscriber Line service (ADSL2+), National Broadband Network (NBN), Fibre Optic and Ethernet broadband access, telephony services, Internet Protocol Television, Subscriber Identity Module (SIM) Only Mobile plans, and various business networking solutions. The company was founded in 1992 and is headquartered in Sydney, Australia.

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